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Company Registration No. 14140360 (England and Wales)
Great Furniture Solutions Ltd Unaudited accounts for the year ended 31 May 2025
Great Furniture Solutions Ltd Unaudited accounts Contents
Page
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Great Furniture Solutions Ltd Company Information for the year ended 31 May 2025
Director
Robert Nagy
Company Number
14140360 (England and Wales)
Registered Office
Perch Studios Franklins House, Wesley Lane Bicester Oxfordshire OX26 6JU England
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Great Furniture Solutions Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
885 
1,495 
Current assets
Debtors
2,773 
2,773 
Cash at bank and in hand
4,986 
1,941 
7,759 
4,714 
Creditors: amounts falling due within one year
(5,574)
(5,211)
Net current assets/(liabilities)
2,185 
(497)
Net assets
3,070 
998 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,970 
898 
Shareholders' funds
3,070 
998 
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 January 2026 and were signed on its behalf by
Robert Nagy Director Company Registration No. 14140360
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Great Furniture Solutions Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Great Furniture Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 14140360. The registered office is Perch Studios, Franklins House, Wesley Lane, Bicester, Oxfordshire, OX26 6JU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2024
1,495 
At 31 May 2025
1,495 
Depreciation
Charge for the year
610 
At 31 May 2025
610 
Net book value
At 31 May 2025
885 
At 31 May 2024
1,495 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,773 
2,773 
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Great Furniture Solutions Ltd Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
422 
422 
Taxes and social security
3,562 
3,694 
Other creditors
(527)
- 
Loans from directors
2,117 
1,095 
5,574 
5,211 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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